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USD/JPY. Price Analysis and Forecast. The Japanese yen faces difficulties
The USD/JPY pair is holding near
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The USD/JPY pair is holding near the 159.70 level after yesterday's rise. However, the pair's momentum remains limited amid reduced market activity due to the Good Friday holiday.The Japanese yen is struggling, coming under pressure from the U.S. dollar amid growing uncertainty about the Bank of Japan's next steps. Although the Bank of Japan has hinted at a possible key interest rate hike as early as this month, market participants still doubt whether the central bank is ready to provide
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